Dakshina Kannada milk union to get third dairy by fiscal-end.

Dakshina Kannada milk union to get third dairy by fiscal-end.

Dakshina Kannada Cooperative Milk Producers’ Union Ltd, which has begun the construction of a new dairy at Uppoor in Udupi district, expects it to be commissioned by the end of FY19.

Speaking at the union’s annual general meeting here, its President Raviraj Hegde said the work related to the new dairy are expected to be completed by the end of 2018. He expressed hope it will be ready for use by March 2019.

The Karnataka Milk Federation (KMF) has extended assistance of Rs. 5 crore for the construction of the dairy, he said.

At present, the union has dairy facilities in Mangaluru and Manipal.

Hegde further said the Milk Producers’ Union plans to shortly launch jeera buttermilk and flavoured milk in 200-ml packs. It will also open three camp offices in different parts of Dakshina Kannada and Udupi districts.

He said the total turnover and net profit of the milk union stood at Rs. 807.74 crore and Rs. 6.71 crore, respectively, during 2017-18. The members of the union will get a 15 per cent dividend.

Stating that the State government has been extending a subsidy of Rs. 5 a litre to the milk producers, he said Rs. 76.36 crore was released for the milk union in 2017-18.

Of this, Rs. 75.99 crore has been credited to the bank accounts of the milk producers whose accounts have been linked to Aadhaar.

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